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The total population of Algona is estimated to be 5,443 with 2,552 males (46.89%) and 2,891 females (53.11%). There are 339 more females than males in Algona.
The median household income in Algona was $53,303 in 2021, which marked an a decrease of 1,645(2.99%) from $54,948 in 2020. This income is 71.45% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Algona sees its highest median household income among householders in the age group of 25 to 44 years old, at $77,655. Overall, the median household income for the city of Algona stands at $53,303.
In Algona, the median income for all workers aged 15 years and older, regardless of work hours, was $48,457 for males and $25,607 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $69,658 for males and $43,236 for females.
In Algona, population is primarily represented by White households, reporting a median income of $53,600.
In 2022, the population of Algona was 5,375, a 0.24% decrease year-by-year from 2021. Previously, in 2021, Algona's population was 5,388, a decline of 1.59% compared to a population of 5,475 in 2020.
The median age in Algona, IA is 46.6, as per 2021 ACS 5-Year Estimates. Of the total population, 15.39% were under the age of 15, 16.79% aged 15 to 29, 40.91% aged 30 to 64, 19.83% aged 65 to 84, and 7.08% were 85 years of age and older.
Racial distribution of Algona population: 95.10% are White, 0.70% are Black or African American, 0.50% are Asian, 1.11% are some other race and 2.59% are multiracial.